This article is being called an instant classic.
What it was addressing was not our promising future but our dark and anxious past. It was simplistically suggesting that the inflationary 1920s had so overheated our economy and our expectations that we had stupidly “bought” the inevitable retribution of the Depression. In other words, the parade, like film noir, was directing our attention backward, not forward. After the war, we were not so much disillusioned by our prospects as giddily illusioned by them, and the message of film noir was curiously at odds with the national mood.